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Uber, after buying Postmates, lays off more than 180 employees

131 pointsby marketingtechover 4 years ago

5 comments

josefrichterover 4 years ago
Isn’t that a dream exit? Usually companies tie down founders for years upon acquisition. This guy got the money and can just walk away. Not bad.
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dehrmannover 4 years ago
&gt; Most of the executive team at Postmates, including Bastian Lehmann, the founder and chief executive of the popular food delivery app, will leave the company<p>Especially after reading that, this looks like a standard post-acquisiton redundancy reduction. I&#x27;m sure it still sucks for these people, but they probably also got retention bonuses after the acquisition, severance packages from Uber, and saw this coming from a mile away.
mrgordonover 4 years ago
I guess they see it as a small price to choke out the competition through acquisitions
chovybizzassover 4 years ago
Here&#x27;s a non-paywall version: <a href="https:&#x2F;&#x2F;briskreader.com&#x2F;link&#x2F;Q9F4k0pClKD" rel="nofollow">https:&#x2F;&#x2F;briskreader.com&#x2F;link&#x2F;Q9F4k0pClKD</a>
mromanukover 4 years ago
&gt; The company currently has more than 21,000 full-time employees<p>Unbelievable, I can’t even think what type of work they do.
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